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Accountancy

Contributors in Accountancy

Accountancy

projected unit credit method

Financial services; Accountancy

An actuarial valuation method that sees each period of service as giving rise to an additional unit of benefit entitlement and measures each unit separately to build up the final obligation ...

property, plant and equipment

Financial services; Accountancy

Tangible items that: (a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and (b) are expected to be used during more than one ...

profit or loss

Financial services; Accountancy

The total of income less expenses, excluding the components of other comprehensive income.

put options (on ordinary shares)

Financial services; Accountancy

Contracts that give the holder the right to sell ordinary shares at a specified price for a given period.

prospective

Financial services; Accountancy

Prospective application of a change in accounting (a) applying the new accounting policy to transactions, other events and conditions occurring after the date as at which the policy is changed; and ...

provision

Financial services; Accountancy

A liability of uncertain timing or amount. of the judgements needed in making the estimates required under conditions of uncertainty, such that assets or income are not overstated and liabilities or ...

proportionate consolidation

Financial services; Accountancy

A method of accounting and reporting whereby a venturer’s share of each of the assets, liabilities, income and expenses of a jointly controlled entity is combined line by line with similar items in ...

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